Conditional Orders and Periodic Auctions Come Out on Top Post-MiFID II

Conditional Orders and Periodic Auctions Come Out on Top Post-MiFID II

Posted on Tue, Mar 19, 2019 @ 7:50

By Hayley McDowell
March 12, 2019, The Trade

The use of periodic auctions and conditional order types are helping senior buy-side traders navigate liquidity post-MiFID II more than any other technique or strategy, according to WBR Insights.

A survey of 100 heads of trading across Europe at the end of last year found a majority of 77% agreed that periodic auctions provide better access to liquidity amid the double volume caps (DVCs), more so than block trading platforms, request for quote (RFQ) venues or systematic internalizers.